Jeonse turmoil deepens … Collegiate supply and demand index is highest in 19 years-Daily Good News

As the cheonsei crisis intensified across the country, the cheonsei supply shortage index reached its highest level in 19 years.

▲ A blank property information section of a real estate agency in Songpa-gu, Seoul (photo by Yonhap News)

According to the monthly trend of the KB real estate market published by KB Kookmin Bank on the 31st, the jeonse supply and demand index nationwide in October was 191.1, 4.1 points more than the previous month (187.0 ). This is the highest in 19 years and 2 months after registering 193.7 in August 2001.

The jeonse supply and demand index is an indicator of the degree of scarcity of jeonse’s supply and is extracted through a questionnaire addressed to brokerage houses. It is expressed as a number between 1 and 200. A higher number indicates a shortage of supply of jeonse and a lower value indicates a lack of demand.

Jeonse’s supply and demand index rose from the 150 level in January-April this year, then surpassed 160 in May, and rose to 180.5 in August when the new leasing law was implemented, reflecting the trend. deepening supply shortage.

Starting in August, the demand for existing homes increased for two more years using the monthly rental contract renewal rights and jeonse, and the supply of supplies for the new jeonse market increased, charting a steep upward curve to 187.0 in September and 191.1 in October.

Seoul’s jeonse supply and demand index in October was 191.8, 2.4 points higher than the previous year (189.3). This is the highest figure in five years since October 2015 (193.8).

The metropolitan area also reached 194.0, the highest in 7 years and 1 month since September 2013 (195.0).

In particular, Gyeonggi-do was tallied at 195.7, an increase of 1.8 points from last month (193.9), and its record since July 2003, when KB Kookmin Bank began to extract the statistics separately. Gyeonggi from this survey.

Incheon also hit 194.1, 5.8 points higher than last month, indicating that jeonse’s supply has been the most unstable since May 2015.

The figures also confirmed the shortage of local charter flights.

Daegu’s Jeonse Demand and Supply Index for this month was 197.1, the highest since July 2003, when six metropolitan cities were compiled separately in this survey.

Gwangju (196.1) and Ulsan (189.9) had the highest level in 9 years and 7 months and 9 years and 8 months respectively, while Busan (186.4) and Daejeon (191.0) were the highest. high in 3 years and 11 months.

The supply and demand index for jeonse in Gyeongbuk (187.2) and Gyeongnam (178.3) were also the highest since April 2013, when this survey began.

Chungbuk (190.8), Chungnam (188.6) and Gangwon (188.0) showed the highest levels from 2014-2016, while Jeonnam (178.7) registered the highest levels in 3 years and 6 months.

Jeonbuk (179.8) was the only country in the country whose jeonse supply and demand index fell 0.7 points from last month (180.5).

However, the Jeonbuk index last month was the highest level in three and a half years since April 2017 (184.1), so it is not reasonable to say that the jeonse supply situation has improved due to a slight decline this month.